Prudent Lenders is a Lender Service Provider (LSP) with a unique platform designed to empower lending institutions to implement and manage the U.S. Small Business Administrations’ (SBA) loan programs.
SBA & USDA LOAN PROGRAMS
LOANS WITH A GUARANTEED ADVANTAGE
Prudent Lenders’ approach to government guaranteed lending programs is comprehensive and systematic.
THE PRUDENT LENDERS PROCESS
45 DAYS FROM HANDSHAKE TO CLOSE
The Prudent Lenders process integrates the previously disparate functions of SBA program marketing, eligibility review, processing, underwriting, closing, servicing, & post-closing loan review into one cohesive service model.
FAST TRACK ASSESSMENT
LOAN ANALYSIS IN 20 MINUTES OR LESS
Prudent Lenders’ smart software assist lenders in determining SBA eligibility and underwriting considerations through a series of questions and data input. This allows lenders to quickly assess borrowing needs and take the next step towards SBA approval.
Secondary Market Sales Analysis
Asset Growth versus Non-interest Fee Income
The decision to sell SBA 7(a) or SBA Community Advantage loans on the secondary market versus increasing assets can easily be compared by our interactive spreadsheet. This information allows lenders to input loan volume, average loan amounts, cost of funds and a number of other important considerations when making the decision to sell SBA loans on the secondary market or keep within the portfolio. We have developed a model that allows for lenders to develop a sustainable SBA program with minimal loan volume levels. Whether making one SBA 7(a) loan or twenty SBA 7(a) loans, your costs are determined on a loan-by-loan basis.